On July 18th, according to an official announcement, ETF issuer Direxion announced the launch of Direxion Daily Crypto Industry Bull 2X Shares (code: LMBO) and Direxion Daily Crypto Industry Bear 1X Shares (code: REKT). LMBO and REKT seek to achieve daily investment results of 200% of the performance of the Solactive Distributed Ledger and Decentralized Payment Technologies Index, respectively, or 100% in the opposite direction, before deducting fees and expenses. The index is designed to track the performance of U.S.-listed securities doing business in the distributed ledger or decentralized payment technology space, including the following business areas: blockchain technology, NFT, decentralized finance, and digital asset mining hardware.